Wilmington’s Live Oak Banchares reports strong Q4 earnings

 In Daily Digest

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Live Oak Bancshares reported net earnings of $5.7 million in the fourth quarter, compared with $2.4 million for the same period in 2014. The nation’s No. 2 SBA lender, Live Oak’s net income for the full year was $20.6 million, or 65 cents per diluted share, a 59% increase over the previous year.

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